The Economic Lie That Let Companies Sell Us Out with Eric Ries

The Economic Lie That Let Companies Sell Us Out with Eric Ries

Author: Smart People Industries June 5, 2026 Duration: 53:33
What if the problem isn’t that a few companies got greedy? What if the problem is that we built a system that teaches companies to sell us out? In this episode, Eric Ries joins us to explain the economic lie sitting underneath so much of modern business: that companies exist to extract as much value as possible for shareholders, even if that means making the product worse, treating employees poorly, breaking customer trust, and slowly destroying the very thing that made the company great. We talk about why so many once-loved brands seem to get worse over time, why Costco has managed to resist the pressure, what Amazon reveals about the tradeoff between customer obsession and company decay, and why “good governance” may actually be helping create weaker companies. This conversation will change how you think about capitalism, Wall Street, private equity, and the companies we interact with every single day. https://www.incorruptible.co/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Every other week, Chris Stemp and Jon Rojas sit down with a guest who has fundamentally shaped their field, driven not by a rigid agenda but by genuine curiosity. The Smart People Podcast from Smart People Industries is built on the idea that the most compelling insights emerge from relaxed, authentic dialogue. You’ll hear authors, innovators, and cultural leaders-each with significant recognition in areas like business, education, or society-speak in a way that often feels more like a fascinating dinner conversation than a formal interview. Chris’s thoughtful questioning, paired with Jon’s producer perspective, gently guides discussions into unexpected territories, revealing the personal journeys and nuanced ideas behind public achievements. This podcast thrives in the space between expertise and accessibility, making complex topics relatable without sacrificing depth. It’s for anyone who believes that learning is a continuous, engaging process, and that the best lessons come from listening to people who think differently. Tune in biweekly for conversations that are as intellectually substantial as they are genuinely enjoyable, reminding us that smart discourse can be both enlightening and warmly human.
Author: Language: English Episodes: 500

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